For our purposes context of a private company that is most likely a startup or small but growing businessa Board of Directors is comprised of investor sfounder sCEO and independent board member s who have substantial business and industry experience.
Although finding tenants is relatively easy, but the truth is that finding qualified and law abiding tenants can be somewhat challenging. Some of the factors that count positively in this line of business are trust, honesty and relationship management and any property maintenance and renovation company that has this will indeed do pretty well in the industry.
By providing only handyman services, HandyMan Stan will always attempt to repair the problem first, replacement is only an option if the item cannot be repaired.
Fix-It-Up: This is a one man outfit that specializes in plumbing and electrical problems. Management Team For start-ups, and especially those seeking financing, the Management Team section is especially critical.
Before opening a property maintenance business, you would be wise to check out whether buying a franchise could make it easy to get started. This will help you to recruit other members of the Board.
One thing is certain for every property maintenance and renovation company; if they are hardworking, creative and proactive, they will always generate enough income to meet all their overhead and operational cost, keep their business going without struggle and make reasonable profits from all business deals that they are involved in.
Threat: Some of the threats that we are likely to face as a property maintenance and renovation company are unfavorable government policies and global economic downturn; global economic downturn usually affect spending power and the real estate industry is known to encounter decline in sales and profits during this period.
On the other hand, an individual who has a property maintenance business in a location that is not competitive to you may be more than happy to give you a few tips, as long as they don't view you as a competitive threat.
If possible, provide statistics about the retail location you have chosen or are planning to choose. In a publically trading company the Board of Directors is elected by the shareholders and is the highest authority in the management of the company.
Our Target Market Our target market as a property maintenance and renovation company cuts across people of different class and people from all walks of life. There are 1, potential customers in the property manager segment.